CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
3
You visited us 3 times! Enjoying our articles? Unlock Full Access!
Question

Veena deposited Rs. 3200 for 4 years at a rate of 12% p.a as a loan account. Determine the amount she got after 4 years.

A
1234
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
2341
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
3562
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
4736
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D 4736
Use the formula, A=P+PRT
Given, P=3200,R=12%,T=4
A=3200+3200×12100×4
A=3200+1536
A= Rs. 4736
Therefore, the amount is Rs. 4736.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Simple and Compound Interest
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon